100% Employee-Owned

At Laminate Technologies, every employee is also an owner. Through our Employee Stock Ownership Plan (ESOP), we share in the success we create together. This ownership culture drives accountability, teamwork, and long-term focus across the company.

Being employee-owned means decisions are made with care for our customers, our co-workers, and our communities. When you work with LamTech, you’re partnering with people who take pride in their work and the lasting value they deliver.

Laminate Technologies has proudly been 100% employee-owned since 2024 and is officially recognized through Certified EO. This certification recognizes our commitment to sharing success, rewarding dedication, and building a company that thrives through shared ownership.

Employee ownership gives every team member the opportunity to grow financially as LamTech grows. Each year, shares of company stock are contributed to our ESOP, allowing employee-owners to build long-term value. As our company performs better, those shares can increase in value, connecting individual effort with collective success.

Ownership at LamTech is a mindset as much as a structure. It means we look out for one another, invest in quality, and plan for the future with a shared sense of purpose.

FAQs

What is an ESOP?

An ESOP (Employee Stock Ownership Plan) is a retirement plan that gives employees ownership in the company. Instead of buying stock, employees earn shares over time through company contributions, at no cost to them.

How does it benefit employees?

Each year, LamTech contributes shares to employee accounts. As the company grows and performs well, those shares can increase in value, building long-term financial benefits for every employee-owner.

When do I become an owner?

You automatically become part of the ESOP after completing the required period of service and working at least 1,000 hours in a year. There’s no action required and no cost to participate.

What does “vesting” mean?

Vesting determines what percentage of your ESOP account is fully yours. At LamTech, you become 100% vested after six years of service. Once vested, your shares can’t be taken back, even if you leave the company.

What happens to my shares if I leave?

When employment ends, your ESOP account is converted to cash based on the value of LamTech stock. Payment timing depends on your vesting and the reason for leaving, such as retirement or other circumstances.

How does being employee-owned affect LamTech’s success?

Employee ownership links everyone’s financial success to the company’s performance. When we collaborate, innovate, and deliver strong results, it benefits not only the business but every employee-owner directly.

How do I join LamTech’s ESOP?

All Laminate Technologies employees become eligible to participate in the ESOP after meeting the service requirements. The best way to get started is by joining our team — visit our Careers page.